Shares of CapitaLand India Trust (OTCMKTS:ACNDF – Get Free Report) saw strong trading volume on Thursday. Approximately 126,302 shares were traded during mid-day trading, an increase of 486% from the average daily volume of 21,569 shares. The stock last traded at C$0.70 and had previously closed at C$0.65.
CapitaLand India Trust Price Performance
The business’s 50-day simple moving average is C$0.72 and its 200-day simple moving average is C$0.82.
CapitaLand India Trust Company Profile
CapitaLand India Trust, formerly known as Ascendas India Trust, is a Singapore-listed business trust focused on owning and operating income-producing commercial properties in India. The trust is sponsored by CapitaLand Investment and invests primarily in technology parks, business parks and office assets serving multinational companies, technology firms and other corporate tenants.
Its portfolio has historically been concentrated in major Indian technology and business hubs, including Bengaluru, Chennai, Hyderabad and Pune.
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